Refer to Figure 11-2. Based on the per-worker production function above, if the economy raises capital per hour worked from $35,000 to $40,000, by how much will real GDP per hour worked increase?

The supply curve for credit card services is an increasing function of

A) the price of credit card services. B) bank profitability. C) the real interest rate. D) the quantity of money.

The economic efficiency approach to emission control provides the polluting firm with

a. a license produce as much emissions as it wants b. the option of choosing between focusing on profit or cost c. a process for determining the optimum quantity of emissions d. more flexibility in selecting the most cost effective method of control e. a subsidy for producing additional emissions